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Economic Pulse

Economic Pulse

June 2020

The Bank of Ireland Economic Pulse stood at 56.3 in June 2020. The index, which combines the results of the Consumer and Business Pulses, was up 12.4 on last month but 34.4 lower than a year ago.

While COVID-19 concerns persist among households and firms, the process of re-opening the economy is now underway. Phase one began on May 18th and phase two on June 8th, and with the Government also signalling its intention to fast track a series of relaxation measures originally envisaged for later in the roadmap, the Consumer and Business Pulses both tracked higher this month.

Economic Pulse

June 2020

KEY POINTS

  • Economic Pulse increases in June
  • Country exiting lockdown
  • Consumer and business sentiment improve

Economic Pulse

June 2020

Economic Pulse

June 2020

56.3

+12.4 on previous index reading

Economic Pulse

June 2020

“The Economic Pulse rose again in June and so far has recouped just under half its COVID-related losses.”

Dr Loretta O’Sullivan
Group Chief Economist
Bank of Ireland

Economic Pulse

June 2020

Pulse Trends

 

 

Economic Pulse

June 2020

Making the economic Pulse